[lbo-talk] US not a private enterprise system

dredmond at efn.org dredmond at efn.org
Thu Aug 27 06:57:24 PDT 2009


On Wed, August 26, 2009 5:32 pm, Matthias Wasser wrote:


> Of course (not that they were different in all respects.) Stealing land
> was an obvious one. Tarrifs were very important and more or less coincided
> with the conditions that allowed Big Business to develop in the first
> place. And you had purposes served under the antebellum South, although
> I'd say that
> doesn't count, since it was neither capitalist nor liberal.

Ah, but the South *was* capitalist, through and through. Not industrial capitalism, true, but plantation/mercantile capitalism -- slaves were commodities with price tags, and their labor-power and production were sold on world markets. Plantations were the first global factories (Rediker and Linebaugh's "The Many-headed Hydra" makes this point somewhere).

-- DRR



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